Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 2,957Posts
    • 13,159Thanks
    kirtsypoos
    Payment A Day Chapter 18
    • #1
    • 22nd Jan 17, 3:05 PM
    Payment A Day Chapter 18 22nd Jan 17 at 3:05 PM
    *The principles of PADding*

    Emily Hallett started a fantastic thread called 'a payment a day' which you can find via going to this webpage (sorry it won't work for me right now)

    The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why having hit 200 pages, challenge is continuing on a brand new thread.

    The principle of the idea is that you pay any extra money you have against a debt to clear it a little bit quicker. Not everyone makes a daily payment, but instead they save money to make a lump sum at the end of the month. You can do it anyway you want to, but join the thread and let us know how you are getting on.

    Some PaD-ers have cleared their debts and are now focusing on saving following the same principal, so they still post on the thread. Anyone is welcome to join in at anytime.

    Best wishes to everyone

    PS. Here are the rules


    *The Rules*
    1) To assist the monthly 'counter-upper' please post your PaD in Bold, colour, large, or all three
    2) Once you join, you cannot leave

    Total for our Latest Month (May 2016) was:
    £11,278.15 (Thanks Bobarella for being Mays counter Upper )
    June 2016:
    £27,734.49
    July 2016:
    £24,284.13
    August 2016:
    £30,740.14
    September 2016:
    £27,504.99
    October 2016:
    £14,546.08
    November 2016:
    £7,661.39
    December 2016:
    £4541.33

    Total for 2016
    £240,681.72


    January 2017 - Huge thank you to Keedie for keeping tabs
    £13,746.74

    Feb 2017 - Keedie doing the honours
    £7,930.50

    March 2017 - Huge thanks to Mandz
    £15,192.39

    April 2017
    £18,117.88

    May 2017
    £12,909.60

    June 2017
    £15,548.01

    July 2017
    £10983.76

    August 2017
    £13,640.17
    Last edited by kirtsypoos; 01-09-2017 at 12:30 PM.
    £450/3000 OH BC(85% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £450/31010.23 (98.54% paid)
    Mortgage - £161,995.00 (2017 O/P £1729.74) PAYDBX 17 #006 - £16186.98/14,539.71
Page 79
    • jet9cat
    • By jet9cat 15th Jul 17, 10:44 AM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    And my own PAD today is £120 payment came through from counting the election so paid straight off the cc.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • sashybo
    • By sashybo 15th Jul 17, 12:04 PM
    • 2,424 Posts
    • 18,472 Thanks
    sashybo
    Hi all, I've been MIA again sorry!

    A PAD of £8.50 today to loan no1 - it's now under £1,000.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £8720 extra paid off debt. Total Debt paid off £44,562.82
    Loans 1 & 2 £4407.44, CC BT £475, Car loans £24,819.31
    • sashanut
    • By sashanut 15th Jul 17, 11:59 PM
    • 2,503 Posts
    • 23,443 Thanks
    sashanut
    Hi all

    Popping in to PAD £34.85 to M&S cc plz jet9cat - tkyou!!
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : £5500 OD GONE, £2000 OD - GONE £93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • erin_transport
    • By erin_transport 16th Jul 17, 12:31 AM
    • 263 Posts
    • 1,279 Thanks
    erin_transport
    Hi
    £5 to cc
    Sorry for the late check in ... does this count for today or tomorrow?
    On a mission!
    • jet9cat
    • By jet9cat 16th Jul 17, 10:27 AM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    Hi all, I've been MIA again sorry!

    A PAD of £8.50 today to loan no1 - it's now under £1,000.
    Originally posted by sashybo

    Well done on the milestone sashybo, always good to hear of PADders making progress towards being debt free as it encourages us all.


    Total for 15th July was


    £168.92
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 16th Jul 17, 10:31 AM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    My own PAD today is £16.80
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 16th Jul 17, 10:32 AM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    Hi
    £5 to cc
    Sorry for the late check in ... does this count for today or tomorrow?
    Originally posted by erin_transport

    I'll count it in with today 16th payments
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • Jo Blogs
    • By Jo Blogs 16th Jul 17, 10:56 AM
    • 751 Posts
    • 2,593 Thanks
    Jo Blogs
    Good morning everyone

    Fantastic going with all the brilliant PADs - Keep 'um rolling on in

    Wishing you all an extra special PADay!
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44 for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 Sept NSDs 4/15CCCChl 9/12 months
    Sept PPChl#002 Pts 71
    • erin_transport
    • By erin_transport 16th Jul 17, 5:19 PM
    • 263 Posts
    • 1,279 Thanks
    erin_transport
    Hi
    £5 to online savings today
    Thanks
    On a mission!
    • kirtsypoos
    • By kirtsypoos 16th Jul 17, 5:53 PM
    • 2,957 Posts
    • 13,159 Thanks
    kirtsypoos
    Morning all!

    £100 for me today please
    £450/3000 OH BC(85% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £450/31010.23 (98.54% paid)
    Mortgage - £161,995.00 (2017 O/P £1729.74) PAYDBX 17 #006 - £16186.98/14,539.71
    • IWILLgetthere
    • By IWILLgetthere 16th Jul 17, 10:03 PM
    • 37 Posts
    • 199 Thanks
    IWILLgetthere
    Hello all,
    just been reading your thread and it has inspired me and made me want to join... is it too late?
    p.s. well done everyone
    • sashybo
    • By sashybo 16th Jul 17, 11:04 PM
    • 2,424 Posts
    • 18,472 Thanks
    sashybo
    Hi all, just the usual £1 to loan no1 today.

    Thanks jet9cat Padding to this loan has helped me cut the term by 15 months - was originally due to finish in May 2019 & will be paid off in February 2018 now without any more overpayments. I'm hoping to cut another few months off though & have it paid off by the end of this year. Not sure if I'll manage that due to moving onto statutory maternity pay soon but will give it a go!

    Hi IWILLgetthere welcome to PAD It's never too late to join, several of us come & go - I've been padding on & off for years now. Our only rule is to post your PAD in a larger size font & make it colourful if you can (my tablet is awkward & won't let me access the text colour for some reason) so that it's easy for the counter-upper to see.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £8720 extra paid off debt. Total Debt paid off £44,562.82
    Loans 1 & 2 £4407.44, CC BT £475, Car loans £24,819.31
    • sashanut
    • By sashanut 16th Jul 17, 11:45 PM
    • 2,503 Posts
    • 23,443 Thanks
    sashanut
    Hi all

    Popping in to PAD £12.10 to M&S cc plz jet9cat - tkyou!!

    Great news on the loan Sashybo - well done!!!
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : £5500 OD GONE, £2000 OD - GONE £93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • Erme
    • By Erme 17th Jul 17, 6:30 AM
    • 3,591 Posts
    • 21,500 Thanks
    Erme
    And my own PAD today is £120 payment came through from counting the election so paid straight off the cc.
    Originally posted by jet9cat
    Glad it has finally come through - go you Jet

    Hi all, I've been MIA again sorry!

    A PAD of £8.50 today to loan no1 - it's now under £1,000.
    Originally posted by sashybo
    I haven't done this for a while but sashy I have an extra special treat for this milestone

    Great going you two! Keep on padding!!!

    E

    I believe in the power of PAD
    Come and join us on the Payment a Day thread


    • laurababs
    • By laurababs 17th Jul 17, 7:16 AM
    • 220 Posts
    • 1,387 Thanks
    laurababs
    PAD of £7.42 this morning
    PADDING since 06-07-17

    Total so far £80.09
    • kirtsypoos
    • By kirtsypoos 17th Jul 17, 10:09 AM
    • 2,957 Posts
    • 13,159 Thanks
    kirtsypoos
    Morning all!

    £49 mortgage OP for me please jet9cat

    Welcome IWILLgetthere - great name (it's the name of my diary so I am a little biased ) PADing makes such a difference - as you can see from Sashys amazing loan reduction
    £450/3000 OH BC(85% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £450/31010.23 (98.54% paid)
    Mortgage - £161,995.00 (2017 O/P £1729.74) PAYDBX 17 #006 - £16186.98/14,539.71
    • mumofthetwins
    • By mumofthetwins 17th Jul 17, 10:13 AM
    • 836 Posts
    • 3,653 Thanks
    mumofthetwins
    Morning Guys £200 PAD for me today .. hoping to make another tomorrow as I have got ebay stuff finishing tonight .. whoop
    This time I'm sticking with it !!

    May £264.56/£300 NSD lost track but much more than last month / 38 June £216.30/£300 NSD 15/30 July £120.21/£300 NSD 11/15 Aug £96.46/£300 6 NSD
    PAD
    June £3362.78 July £1803.88 Aug £1895
    • LittleMissDetermined
    • By LittleMissDetermined 17th Jul 17, 12:02 PM
    • 1,739 Posts
    • 7,213 Thanks
    LittleMissDetermined
    Back with a bump! Hope everyone's doing ok

    My PAD today is £85.80 to various places please

    LMD x
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    £1000 EF Challenge #142 £1276.77/£1000 ... 3-6Mth Wages Challenge #4 £1704.14/£7129...
    24 months of Debt-busting to go...
    • jet9cat
    • By jet9cat 17th Jul 17, 3:28 PM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    Some great PADs and encouragement coming through lately.


    Total for Sunday 16th July was


    £139.90
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 17th Jul 17, 3:30 PM
    • 1,281 Posts
    • 9,691 Thanks
    jet9cat
    My PAD today is £50 to OH cc
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

275Posts Today

1,424Users online

Martin's Twitter
  • Shana tova umetuka - a sweet Jewish New Year to all celebrating. I won't be online the rest of t'week, as I take the time to be with family

  • Dear Steve. Please note doing a poll to ask people's opinion does not in itself imply an opinion! https://t.co/UGvWlMURxy

  • Luciana is on the advisory board of @mmhpi (we have MPs from most parties) https://t.co/n99NAxGAAQ

  • Follow Martin